New Bern Civic Theatre Inc

Analysis

New Bern Civic Theatre Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Bern Civic Theatre Inc reported income of $392k and spending of $356k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $260k to $392k (+50%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Bern Civic Theatre Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Common Wealth Mural Collaborative ($392k), Dallas Center for the Performing Arts Endowment Inc ($392k) and Adirondack Center for Writing Inc ($392k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $96k. At year end it held assets of $782k against liabilities of $152k, net assets of $630k. It reported 5 employees.